Ningbo Color Master Batch Co. Ltd. (301019) - Net Assets
Based on the latest financial reports, Ningbo Color Master Batch Co. Ltd. (301019) has net assets worth CN¥1.08 Billion CNY (≈ $158.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.20 Billion ≈ $176.14 Million USD) and total liabilities (CN¥120.45 Million ≈ $17.63 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check 301019 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.08 Billion |
| % of Total Assets | 89.99% |
| Annual Growth Rate | 26.09% |
| 5-Year Change | 212.8% |
| 10-Year Change | N/A |
| Growth Volatility | 56.72 |
Ningbo Color Master Batch Co. Ltd. - Net Assets Trend (2017–2024)
This chart illustrates how Ningbo Color Master Batch Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore how large is Ningbo Color Master Batch Co. Ltd.'s balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Ningbo Color Master Batch Co. Ltd. (2017–2024)
The table below shows the annual net assets of Ningbo Color Master Batch Co. Ltd. from 2017 to 2024. For live valuation and market cap data, see market cap of Ningbo Color Master Batch Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.14 Billion ≈ $166.57 Million |
+3.70% |
| 2023-12-31 | CN¥1.10 Billion ≈ $160.63 Million |
+5.17% |
| 2022-12-31 | CN¥1.04 Billion ≈ $152.74 Million |
+6.15% |
| 2021-12-31 | CN¥983.33 Million ≈ $143.89 Million |
+170.21% |
| 2020-12-31 | CN¥363.91 Million ≈ $53.25 Million |
+37.49% |
| 2019-12-31 | CN¥264.68 Million ≈ $38.73 Million |
+18.23% |
| 2018-12-31 | CN¥223.87 Million ≈ $32.76 Million |
-0.35% |
| 2017-12-31 | CN¥224.66 Million ≈ $32.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningbo Color Master Batch Co. Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 174.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥344.79 Million | 30.29% |
| Common Stock | CN¥168.00 Million | 14.76% |
| Other Components | CN¥625.51 Million | 54.95% |
| Total Equity | CN¥1.14 Billion | 100.00% |
Ningbo Color Master Batch Co. Ltd. Competitors by Market Cap
The table below lists competitors of Ningbo Color Master Batch Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongwon System
KO:014820
|
$552.08 Million |
|
Jiangxi Sunshine Dairy Co Ltd
SHE:001318
|
$552.18 Million |
|
Shui On Land Limited
F:OL5
|
$552.32 Million |
|
Oriental Kopi Holdings Berhad
KLSE:0338
|
$552.35 Million |
|
Shandong Yuma Sun-shading Technology Corp. Ltd.
SHE:300993
|
$551.89 Million |
|
Delpha Construction Co Ltd
TW:2530
|
$551.78 Million |
|
Palm Landscape Architecture Co Ltd
SHE:002431
|
$551.77 Million |
|
COINSHARES I. LS-000247
F:3TW
|
$551.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Color Master Batch Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,097,740,880 to 1,138,303,128, a change of 40,562,248 (3.7%).
- Net income of 100,503,295 contributed positively to equity growth.
- Dividend payments of 48,000,825 reduced retained earnings.
- Share repurchases of 11,941,047 reduced equity.
- Other comprehensive income decreased equity by 49,524,527.
- Other factors increased equity by 49,525,352.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥100.50 Million | +8.83% |
| Dividends Paid | CN¥48.00 Million | -4.22% |
| Share Repurchases | CN¥11.94 Million | -1.05% |
| Other Comprehensive Income | CN¥-49.52 Million | -4.35% |
| Other Changes | CN¥49.53 Million | +4.35% |
| Total Change | CN¥- | 3.70% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Color Master Batch Co. Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 12.84x to 3.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.78 | CN¥22.87 | x |
| 2018-12-31 | CN¥1.77 | CN¥22.87 | x |
| 2019-12-31 | CN¥2.10 | CN¥22.87 | x |
| 2020-12-31 | CN¥2.88 | CN¥22.87 | x |
| 2021-12-31 | CN¥6.70 | CN¥22.87 | x |
| 2022-12-31 | CN¥6.23 | CN¥22.87 | x |
| 2023-12-31 | CN¥6.53 | CN¥22.87 | x |
| 2024-12-31 | CN¥6.94 | CN¥22.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Color Master Batch Co. Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.38%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.10x
- Recent ROE (8.83%) is below the historical average (17.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 18.46% | 14.81% | 0.96x | 1.29x | CN¥19.01 Million |
| 2018 | 22.82% | 15.64% | 1.05x | 1.39x | CN¥28.71 Million |
| 2019 | 29.97% | 19.56% | 1.18x | 1.30x | CN¥52.85 Million |
| 2020 | 28.69% | 24.31% | 0.95x | 1.25x | CN¥68.02 Million |
| 2021 | 11.07% | 22.11% | 0.46x | 1.08x | CN¥10.55 Million |
| 2022 | 9.63% | 21.65% | 0.42x | 1.06x | CN¥-3.91 Million |
| 2023 | 9.29% | 22.59% | 0.38x | 1.08x | CN¥-7.83 Million |
| 2024 | 8.83% | 20.38% | 0.39x | 1.10x | CN¥-13.33 Million |
Industry Comparison
This section compares Ningbo Color Master Batch Co. Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $4,145,101,575
- Average return on equity (ROE) among peers: 2.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Color Master Batch Co. Ltd. (301019) | CN¥1.08 Billion | 18.46% | 0.11x | $552.07 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $420.42 Million | 6.58% | 1.35x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $90.42 Million | 27.06% | 0.87x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.46 Billion | 18.08% | 0.97x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.74 Billion | 9.31% | 0.09x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.57 Billion | -90.11% | 2.59x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $198.24 Million | 18.03% | 1.03x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $16.39 Billion | 9.78% | 0.86x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $107.09 Million | 21.41% | 1.19x | $605.40 Million |
About Ningbo Color Master Batch Co. Ltd.
Ningbo Color Master Batch Co., Ltd. engages in the research and development, production, and sales of plastic coloring products in China and internationally. The company offers color, black, white, additive, and functional masterbatch products under the MINGZHOU brand. Its products are used in electronics, daily necessities, food and beverages, daily chemicals, building materials, agriculture, au… Read more